BollingerBands

[columbus]

EOD=9.8.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+BLACK) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Black colour.Violet colour line
decides the momentum of market, mostly.

Simply mind-blowing again.To be frank ,expecting some correction.

 

[timepass]

Simply mind-blowing again.To be frank ,expecting some correction.

Tathastu ...

 

[columbus]

Tathastu ...

Consecutive Falling green candles is rather rare...........

 

[vinst]

Consecutive Falling green candles is rather rare...........

happens many times in illiquid stocks.
vice-versa also happens many times.

 

[columbus]

EOD=10.8.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+BLACK) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Black colour.Violet colour line
decides the momentum of market, mostly.

 

[columbus]

EOD=11.8.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+BLACK) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Black colour.Violet colour line
decides the momentum of market, mostly.

 

[girishhu1]

hi columbus,
i m really admire your expert comments.
however i note that recently there are no comments below the charts.
this thread has given me a strong tool for daytrading
your comments below charts posted will serve some meaningful purpose. also kindly guide if it is possible to convert this strategy in swing trading - holding position for 2-3 days-by using higher timeframe like 30min/60min?
regards,
girish

 

[columbus]

EOD=12.8.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+BLACK) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Black colour.Violet colour line
decides the momentum of market, mostly.

 

[columbus]

hi columbus,
i m really admire your expert comments.
however i note that recently there are no comments below the charts.
this thread has given me a strong tool for daytrading
your comments below charts posted will serve some meaningful purpose. also kindly guide if it is possible to convert this strategy in swing trading - holding position for 2-3 days-by using higher timeframe like 30min/60min?
regards,
girish

Hi Girish,

Thanks for kind words.Basically this is EOD strategy.I have one more
thread BollingerWorm ,developed as Intraday Strategy.It is easier to
change that to Swing strategy rather than this strategy.

 

[girishhu1]

hi colombus,
the thread is under day trading, your initial posts were using 3min/5min t/f , on a no of occassions the discussion was for daytrading so i thought it is day trading technique.need to go through all posts again.anyway thanks
anyway, if it is eod strategy, its even better. i am in search of longer duration strategy.tell me about eod strategy and entry exit and s/l rules, particularly wrt trending markets, like present day market.eg when price keeps on piercing the upper or lower band repeatedly, how to enter in the direction? will be highly obliged
regards,
girish